In a report released yesterday, John Freeman from Raymond James maintained a Buy rating on Apache (APA). The company’s shares closed last Wednesday at $8.99.
According to TipRanks.com, Freeman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -21.8% and a 20.5% success rate. Freeman covers the Utilities sector, focusing on stocks such as Black Stone Minerals, Southwestern Energy, and Matador Resources.
Currently, the analyst consensus on Apache is a Moderate Buy with an average price target of $13.67.
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The company has a one-year high of $33.77 and a one-year low of $3.80. Currently, Apache has an average volume of 10.14M.
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Apache Corp. operates as an energy company, which engages in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company was founded by Truman Anderson, Raymond Plank, and Charles Arnao on December 6, 1954 and is headquartered in Houston, TX.
